Time Management Tips for the Self-Employed

time management bookkeeping

One of the most common problems among the self-employed is time management, especially to those transitioning from an employed outlook and frame of mind. After years of working in a structured institution with rules to follow, the total freedom of being self-employ can be overwhelming. This is very common previously employed professionals like Brisbane’s bookkeepers, designers, accountants, lawyers, engineers, and writers. Not everyone succeeds in the self-employment world, and many just decide to go back to the planned and controlled employment.

Here are some tips that can help you address top time management issues of self-employment;

  1. Analyze and address your procrastination. First, acknowledge that you are procrastinating and wasting time because of it. Next, identify the reasons why you are procrastinating. Are you always glancing at the TV? – assign a work space without distractions. Are you always going out to meet people or buy things? – Maybe you should have a downtown office where you can meet with people and be near your immediate needs. Are you not motivated enough? Set a clear goal.
  2. Create daily listing of tasks. Always start your day by listing everything that has to be done within the day. Arrange your tasks according to importance and schedule your day around it. The list will give you a clear view of how your day will go. If you already have a full day, avoid getting into other less urgent and distracting activities like browsing for better designs, visualizing next year’s project, or other conceptualizing new products – unless this are already in the agenda.
  3. Separate your work and personal time. When you are self-employed, you have the sense of owning your time and the total control on how you will spend it. During employment, you have a clear divide between your professional and personal time. This is not so when you’re self-employed. You have to separate your work time from your personal time. Except for urgent matters, no personal agenda should interfere with your work time. 
  4. Create a routine of accomplishing tasks. Go back to the “employed” frame of mind. Plan your day and think of your time as if are employed and will be held responsible for assigned tasks. Make it a point to finish tasks daily. Create a timeline that will help you accomplish tasks accordingly and efficiently. Do not do things in the morning what you should be doing in the afternoon. If you think delivery schedules in the morning and purchasing in the afternoon is most efficient and advantageous for your business, stick to that routine.
  5. Delegate tasks to the experts. This is especially applicable to entrepreneurs. When you were working, you are only assigned to tasks or assignments you are good at. Your employer did not expect you to do engineering work if you applied as an accountant.  Apply this concept to your self-employed career. Do what you do best, and delegate tasks you’re not familiar with.

Your personal productivity and time management efficiency have direct effects to the overall success of being self employed. Trying to cope with bookkeeping on your own is inefficient and will cost you time, money, and resources. Many of Brisbane’s bookkeepers and accountants will do the task for you professionally, so you can focus on doing what you do best. And doing what you love instead of laboring in tasks you hate is the quickest way to efficiency, productivity, and accomplishments.